Free Trial

Virco Mfg. (VIRC) Stock Price, News & Analysis

$14.54
-0.23 (-1.56%)
(As of 10/17/2024 ET)

About Virco Mfg. Stock (NASDAQ:VIRC)

Key Stats

Today's Range
$14.51
$14.75
50-Day Range
$13.14
$18.24
52-Week Range
$5.82
$18.50
Volume
135,467 shs
Average Volume
230,114 shs
Market Capitalization
$236.86 million
P/E Ratio
8.81
Dividend Yield
0.69%
Price Target
$19.00
Consensus Rating
Buy

Company Overview

Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States and Canada. The company offers seating products, including 4-leg chairs, cantilever chairs, mobile task chairs and lab stools, tablet armchairs, steel-frame and floor rockers, series stools, hard plastic seating, folding and upholstered stack chairs, and plastic stack and upholstered ergonomic chairs. It also provides activity, butcher block, folding, office, technology, and mobile tables; desks and workstations, and instructor media stations and towers; chair desks and combo units, tablet arm and caster units, mobile workstations, student desks, and returns and credenzas; and computer furniture solutions. In addition, the company provides administrative office furniture, including desks, returns, bookcases, and other items, as well as steel storage cabinets, wardrobe tower cabinets, file credenzas, and mobile pedestals; laboratory furniture comprising steel-based science tables, table bases, lab stools, and wood-frame science tables; mobile furniture, such as mobile tables, mobile cabinets, and mobile chairs for school settings and offices; and handling and storage equipment, and stackable storage trucks. It serves public and private educational institutions, charter schools, convention centers and arenas, hospitality providers, government facilities, and places of worship through its sales and support teams, and dealers' network. Virco Mfg. Corporation was incorporated in 1950 and is headquartered in Torrance, California.

Virco Mfg. Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
62nd Percentile Overall Score

VIRC MarketRank™: 

Virco Mfg. scored higher than 62% of companies evaluated by MarketBeat, and ranked 165th out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Virco Mfg. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Virco Mfg. has received no research coverage in the past 90 days.

  • Read more about Virco Mfg.'s stock forecast and price target.
  • Earnings Growth

    Earnings for Virco Mfg. are expected to decrease by -8.81% in the coming year, from $1.93 to $1.76 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Virco Mfg. is 8.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Virco Mfg. is 8.81, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.97.

  • Price to Book Value per Share Ratio

    Virco Mfg. has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Virco Mfg.'s valuation and earnings.
  • Percentage of Shares Shorted

    12.27% of the float of Virco Mfg. has been sold short.
  • Short Interest Ratio / Days to Cover

    Virco Mfg. has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in Virco Mfg. has recently increased by 7.79%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Virco Mfg. has a dividend yield of 0.68%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Virco Mfg. does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Virco Mfg. is 6.06%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Virco Mfg. will have a dividend payout ratio of 5.68% next year. This indicates that Virco Mfg. will be able to sustain or increase its dividend.

  • Read more about Virco Mfg.'s dividend.
  • Percentage of Shares Shorted

    12.27% of the float of Virco Mfg. has been sold short.
  • Short Interest Ratio / Days to Cover

    Virco Mfg. has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in Virco Mfg. has recently increased by 7.79%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Virco Mfg. has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.
  • Search Interest

    Only 3 people have searched for VIRC on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Virco Mfg. to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Virco Mfg. insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    17.47% of the stock of Virco Mfg. is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 30.97% of the stock of Virco Mfg. is held by institutions.

  • Read more about Virco Mfg.'s insider trading history.
Receive VIRC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Virco Mfg. and its competitors with MarketBeat's FREE daily newsletter.

VIRC Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Virco: The Wind Of Fortune Is Blowing In Its Favor
See More Headlines

VIRC Stock Analysis - Frequently Asked Questions

Virco Mfg.'s stock was trading at $12.03 on January 1st, 2024. Since then, VIRC stock has increased by 20.9% and is now trading at $14.54.
View the best growth stocks for 2024 here
.

Virco Mfg. Co. (NASDAQ:VIRC) issued its quarterly earnings results on Monday, September, 9th. The company reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.04. The company had revenue of $108.42 million for the quarter, compared to analyst estimates of $115.90 million. Virco Mfg. had a trailing twelve-month return on equity of 27.88% and a net margin of 9.50%.

Virco Mfg.'s top institutional investors include Ritholtz Wealth Management (0.60%), Inspire Investing LLC (0.36%), Inspire Advisors LLC (0.25%) and Creative Planning (0.07%). Insiders that own company stock include Douglas A Virtue, Kathleen D Young, Robert A Virtue, Craig L Levra, Patricia Levine Quinones, Agnieszka Winkler and Bradley C Richardson.
View institutional ownership trends
.

Shares of VIRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Virco Mfg. investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
9/09/2024
Ex-Dividend for 10/11 Dividend
9/20/2024
Dividend Payable
10/11/2024
Today
10/17/2024
Next Earnings (Estimated)
12/13/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Public building & related furniture
Sub-Industry
Business Supplies
Current Symbol
NASDAQ:VIRC
Employees
820
Year Founded
1950

Price Target and Rating

Average Stock Price Target
$19.00
High Stock Price Target
$19.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+30.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$21.91 million
Pretax Margin
12.67%

Debt

Sales & Book Value

Annual Sales
$269.12 million
Cash Flow
$1.65 per share
Book Value
$5.58 per share

Miscellaneous

Free Float
13,443,000
Market Cap
$236.86 million
Optionable
Optionable
Beta
0.64

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

This page (NASDAQ:VIRC) was last updated on 10/17/2024 by MarketBeat.com Staff
From Our Partners